Search For "fiscal consolidation"
Goldman Sachs projects India's GDP growth at 6.3% in 2025
Updated : 1 year, 3 months ago IST
Multinational investment bank Goldman Sachs forecasts India's GDP growth to decelerate to 6.3 per cent in 2025, over continued fiscal consolidation and slower credit growth.
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Gita Gopinath meets Sitharaman, lauds government's policy continuity in fi
Updated : 1 year, 6 months ago IST
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), met Union Finance Minister Nirmala Sitharaman on Saturday and lauded the continuity in "fiscal consolidation path" being followed by the Government
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It's a bold and radical Budget: NITI VC Suman Bery
Updated : 1 year, 7 months ago IST
I would describe this budget as bold and radical, focusing on three key areas said Suman K Bery, Vice Chairman NITI Aayog in an exclusive interview with ANI.
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Fiscal consolidation being done meeting all priority expenditure: Secretar
Updated : 1 year, 7 months ago IST
Ajay Seth, Secretary at Department of Economic Affairs under Ministry of Finance said fiscal consolidation by way of gliding down on fiscal deficit path is being done while meeting all essential expenditure.
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Fiscal consolidation with welfare measures, budget may see a mild increase
Updated : 1 year, 7 months ago IST
The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is likely to be disproportionately allocated towards the rural, farm, and welfare sectors, with a slight increase in capex.
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The government will continue on the path to fiscal consolidation in FY25:
Updated : 1 year, 8 months ago IST
The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods and Services Tax, Net tax revenue, and non-tax revenue have shown a better than estimated revenue collections not only in FY24 but also in the first t
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Centre must target 4.9% fiscal deficit in 2024 and continue consolidation,
Updated : 1 year, 8 months ago IST
The government under Prime Minister Narendra Modi should focus on adherence to fiscal prudence and continue on the fiscal consolidation path, suggested SBI Research ahead of the much-awaited full Budget for 2024-25 to be tabled on July 23 - the first Budget under Modi 3.0.
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Modi 3.0 will have policy continuity amid fiscal challenges: Moody's
Updated : 1 year, 9 months ago IST
However, the NDA's slim margin of victory and the BJP's loss of an outright majority in parliament may slow down more extensive economic and fiscal reforms, potentially impeding fiscal consolidation efforts.
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RBI's dividend transfers to ease near-term deposit accretion woes; Medium-
Updated : 1 year, 9 months ago IST
This transfer, coupled with the subsequent government spending, will bolster the central government's fiscal position, enabling potential additional spending or fiscal consolidation.
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Government's thrust on capex, fiscal consolidation paint bright picture fo
Updated : 1 year, 9 months ago IST
he outlook for the Indian economy remains bright, backed by a sustained strengthening of various macroeconomic fundamentals, robust financial and corporate sectors, said Reserve Bank of India in its annual report published on Thursday.
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Pakistan faces challenge of economic reforms amid weak coalition governmen
Updated : 1 year, 11 months ago IST
Amid the staggering economic crisis, Pakistan's biggest challenge now is fiscal consolidation and reforms amid a weak coalition government and political instability stemming from accusations of electoral fraud, the Washington-based Institute of International Finance (IIF) has said, Dawn repo
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India's interim Budget reinforces commitment to gradual fiscal consolidati
Updated : 2 years, 1 month ago IST
India's interim Budget presented last week pointed to a slightly faster pace of consolidation in the next two fiscal years than was previously expected, and it reinforced its commitments to raise capital investment, said Fitch Ratings.
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